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Revenue from Contracts with Customers
6 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Disaggregated Revenue
Related party revenue is all generated in the United States. The following tables summarize subscription revenue and advertising revenue by region:
Subscription and Advertising
Three Months EndedSix Months Ended
March 31, 2026March 29, 2025March 31, 2026March 29, 2025
United States and Canada (North America)$440,294 $— $818,212 $— 
Rest of world8,289 — 14,127 — 
Total subscription and advertising revenues
$448,583 $ $832,339 $ 
Contract Balances
For the three and six months ended March 31, 2026 and March 29, 2025, the Company did not recognize material bad-debt expense and there were no material contract assets recorded on the accompanying condensed consolidated balance sheets as of March 31, 2026 and September 27, 2025.
The Company’s contract liabilities primarily relate to upfront payments and consideration received from customers for subscription services. As of March 31, 2026, the Company’s contract liabilities totaled approximately $68.5 million are recorded as deferred revenue on the accompanying condensed consolidated balance sheets. The majority of the deferred revenue is expected to be recognized as revenue within the next month. The remaining deferred revenue balance is expected to be recognized as revenue within the next twelve months. There were no contract liabilities outstanding at September 27, 2025.
Transaction Price Allocated to Remaining Performance Obligations
The Company does not disclose the transaction price allocated to remaining performance obligations since subscription and advertising contracts have an original expected term of one year or less.